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but those companies themselves hoard money so what's the difference? https://www.cnbc.com/2020/01/28/apple-q1-2019-cash-hoard-heres-how-much-cash-apple-has-on-

but those companies themselves hoard money so what's the difference? https://www.cnbc.com/2020/01/28/apple-q1-2019-cash-hoard-heres-how-much-cash-apple-has-on-hand.html https://www.cnbc.com/2020/01/28/apple-q1-2019-cash-hoard-her... https://www.cnbc.com/2019/11/07/microsoft-apple-and-alphabet-are-sitting-on-more-than-100-billion-in-cash.html https://www.cnbc.com/2019/11/07/microsoft-apple-and-alphabet... edit: why did i get downvoted?

pb7 7y ago
Even “cash” held by individual companies is not actually cash in a bank. It, too, is invested in marketable securities. Holding cash is an incredibly foolish move due to inflation.